Aufenanger, Tobias; Wrede, Matthias - In: Vierteljahrshefte zur Wirtschaftsforschung 86 (2017) 4, pp. 51-56
. We analyzed the degree of irrationality and the relationship between, on the one hand, financial literacy and … uncertain events are unknown, than in the case of risk, when these probabilities are known. Subjects with higher financial … literacy and better mathematical skills were less likely to actirrational. …